Video: https://youtu.be/1JZvmJTRXgsSPY finally broke that key 50ma level for the first time since the November election, when it remounted the moving average. Over the past year most breakdowns have been short lived, so while I added UVXY at the close and am short AMZN and the Russell index, I won't make big bets. Rather, I will slowly build if the market continues to slide. The next key level is the old high at $229-230.I continue to watch the "potential shorts" and inverse ETFs lists. Note that many of these stocks are strong stocks on the long focus list, but are now breaking key levels much like the market. If the market remounts key levels, these short setups are invalidated.Also note that earnings season is starting with big banks like BAC, WFC and GS reporting today and Tuesday. NFLX reports Monday. The strength of earrings could impact the market in either direction.Current Positions: Added UVXY (see video). Short AMZN. Still holding TTD, TZA.Potential shorts (see video and note that FAZ and LABD are inverse ETFS to go long): AMZN, FB, GOOGL, NFLX, OAS, SNAP, X, BA, NVDA, TSLAInverse ETFs: SPXU, SOXS, FAZ, LABDFocus List: TSLA, WIX, COOL, UVXY, BABA, SODA, CYBR, KITE, SBLK, FB, GOOGL, NFLX, AAPL, JAZZ, OAS, NBR, LABU, X ,FSLR, SEDG, DXPE, SNAP, MOMONew Energy Watch: REN, OAS, WLL, EMES, ERX, CHKETF List (for post fed longs and shorts analysis): SPY, IWM, QQQ, SMH, IBB, XHB, XLF, USO, XLE, EWZ, RSX, GLD, HACKhttps://youtu.be/1JZvmJTRXgsPlease read the Education Archive and posts 23 Laws of the Part Time Swing Trading the Market Speculator WayHow To Use Swing Dashboard: https://blog.bullsonwallstreet.com/how-to-use-the-new-swing-trader-dashboard/Chat With Traders Interview: http://chatwithtraders.com/ep-058-paul-singh/29 Essential Trading Posts For 2016: https://blog.bullsonwallstreet.com/29-essential-swing-trading-posts-2016/Webinars: January: https://vimeo.com/152938272 February Q&A: https://blog.bullsonwallstreet.com/swingtradingwebinarqa/February: https://blog.bullsonwallstreet.com/pages/swing-trading-webinar-feb2016.htmlMarch: https://blog.bullsonwallstreet.com/webinar/paul-singhs-top-five-stock-picks/May: https://blog.bullsonwallstreet.com/webinar/day-swing-trading-energy-sector/June: https://blog.bullsonwallstreet.com/webinar/state-swing-trading-2016/#replayNew subscribers and trial members please leave me any feedback/comments in the comments, via email (singhjd1@aol.com) or twitter(www.twitter.com/PaulJSingh)
Market Speculator Part-Time | Swing Trade Report
Paul
Singh
•
April 13, 2017

